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Prodigy Forex Broker keeps up-to-date with the latest trading account information, including Basic, Pro, Elite maximum leverage of 1:400, trading varieties, and more

Rating Index

Pros

Great learning environment with extensive experience gained for new agents.
Fast-paced and dynamic workplace that keeps employees engaged.
Positive team culture with social activities, such as happy hours.

Cons

High demands for multi-tasking can be overwhelming for some employees.
The rapid pace of work may not suit everyone, leading to stress.
Lack of established regulatory oversight could raise concerns for clients.

Prodigy broker Accounts

Basic

Environment
--
Currency
--
Maximum Leverage
1:400
SupportedEA
Minimum Deposit
--
Minimum Spread
1.5
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
--
Products
--

Pro

Environment
--
Currency
--
Maximum Leverage
1:300
SupportedEA
Minimum Deposit
--
Minimum Spread
0.00-0.03
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
$10
Products
--

Elite

Environment
--
Currency
--
Maximum Leverage
1:300
SupportedEA
Minimum Deposit
--
Minimum Spread
1.0
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
--
Products
--

Prodigy Account Type

Prodigy offers various account types to cater to different trading needs and preferences. The main account types include:

  • Basic Account: This account is ideal for beginner traders looking to start their trading journey. It allows access to a limited range of trading instruments and features.
  • Silver Account: Designed for intermediate traders, this account provides additional benefits, including access to more trading instruments and advanced features like margin trading.
  • Premium Account: This account is tailored for experienced traders who require comprehensive tools and resources. It includes all features of the Silver Account, plus exclusive access to premium trading tools and personalized support.
  • VIP Account: For professional traders and high-net-worth individuals, the VIP Account offers the highest level of service, including dedicated account management, advanced trading tools, and exclusive market insights.
  • Prodigy Broker Account Opening Process

    Opening a brokerage account with Prodigy is a straightforward process that typically involves the following steps:

    • Visit the Prodigy Website: Navigate to the Prodigy official website to access the account opening section.
    • Select Account Type: Choose the type of account you wish to open (Basic, Silver, Premium, or VIP) based on your trading experience and requirements.
    • Complete Application Form: Fill out the online application form with your personal details, including your name, email address, phone number, and financial information.
    • Submit Identification Documents: Provide necessary identification documents such as a government-issued ID, proof of address, and any other required documentation for verification.
    • Fund Your Account: After your application is approved, you will need to fund your account using one of the accepted payment methods, such as bank transfer or credit card.
    • Start Trading: Once your account is funded, you can begin trading on the Prodigy platform, accessing all the features and tools associated with your selected account type.
    • By following these steps, you can successfully open a Prodigy brokerage account and start your trading journey.

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